# PPP loan: KACHEMAK ELECTRIC INC
> **$191K** approved 04/13/2020 · Paid in Full · Loan `4610577105`
## Borrower
- **Name:** KACHEMAK ELECTRIC INC
- **Address:** 42877 KENAI SPUR HWY, KENAI, AK, 99611-9784
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Jobs reported:** 10
## Lender
- **Originating:** Northrim Bank
- **Servicing:** Northrim Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*